r/gpumining•
BassNet

Looking to rent Progpow hashrate for a testnet

Hi there,

I am a developer for a new PoW cryptocurrency that is currently in a public testnet. The algorithm is ProgPow (similar to KawPow) and I am interested in renting hashrate to mine blocks on the testnet. I am willing to give 2x NiceHash profitability for your GPUs (negotiable, using the calculation for your GPUs here: https://www.nicehash.com/profitability-calculator/nvidia-rtx-4090), payable daily/weekly in USDC or ETH. I am looking for 1-2 gh/s but may be interested in more if you can provide. I will give you the miner executable and you will have to run it from the command line in HiveOS shell or Ubuntu and it will connect to my Stratum server via the internet. I think I may be able to provide a Hive flight sheet as well. For reference, one RTX 3080 gets about 40 mh/s in CUDA mode. I have already contacted mining rig rentals but did not receive a response.

Please DM me if you are interested in working on this with me - I will pay you more than Nicehash.

Thank you.

Posted Dec 28, 2023, 7:17 PM UTC

1018
jaykavathe•

Jay here, mystic Mining owner. Sending you a pm, happy to team up with you.

6
radomird•

You can rent GPUs on vast.ai or clore.ai and run mining from there. No need to pay 2x… there is plenty of different gpus from which you can choose

3

I don’t understand why you would pay twice what NiceHash pays when you can rent it from NiceHash cheaper

2
BassNetOP•

I can’t rent it from NiceHash. This isn’t ravencoin or KawPow, it’s ProgPow for a testnet coin that isn’t tradeable yet. I’m willing to pay twice the NiceHash profitability for the convenience of not having to buy and set up 2 gh worth of GPUs (not to mention having to pay an electrician to install a 50 amp circuit in my house)

4
OctoberEndings•

If this is legit, sorry, but I'm about to shit on you. Don't take this the wrong way. This sounds like a major scam. You'll likely have someone mine for you and then cash in on your own wallet. Also, why are we still producing any block chain on that stupid fucking kawpow algo? I don't care if it is progpow, it's an electricity monster in an ever growing world of energy concerns. There are so many other alt coins on algorithms that use less electricity and are also faster. Like you ever send raven coin to one wallet to another? Might as well go for a 2 mile hike and come back and it's still processing. What a fucking joke. Also, fuck raven coin. It's a piece of garbage.

1
BassNetOP•

I don’t mind the criticism! This is not a scam. Not sure if it matters anymore but Reddit account has a lot of karma and is very old (people used to care about that at least). It’s not ravencoin, it’s a completely different cryptocurrency but the PoW algo is ProgPow. ProgPow is the only truly ASIC-resistant mining algo which is why it was chosen. That means that people with specialized hardware get a very marginal advantage compared to normal people with regular GPUs. It’s more decentralized that way.

1
Ilaypipe0012•

If it’s a testnet you could mine it with one gpu all the same. As long as something is hashing

1
BassNetOP•

I am mining it with 2 rigs right now. But there are other people mining it (anybody can) and I'd like to make sure it's still expensive to attack.

1
Ilaypipe0012•

Gotcha. I don’t have the megahash you desire but if you have a discord I could join I might mine it come mainnet

1
[deleted]•

[removed]

1
lmaonade80•

I can provide 60 ghs+, plz dm.

1
[deleted]•

[removed]

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[deleted]•

[removed]

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[deleted]•

[removed]

1
om-nom-nom-normies•

GitHub link?

1
Turbo5lut•

I’m willing to throw a few GPUs on it. Not a big farm here but willing to help.

1
gamerdexmar•

I’d be happy to throw a rig at it if you still need that

1
MyOscarCarl•

Lmk how you make out, I have 1gh of progpow I can rent out if needed.

1